Azakhel Dry Port KPK losses billions due to abolition of superintendent examination

ISLAMABAD: The visiting International Monetary Fund (IMF) mission is set to meet with representatives from the provincial governments to discuss...

‘PIA likely to be sold to a foreign govt via SIFC’

ISLAMABAD: Pakistan International Airlines (PIA) is likely to be sold to a foreign government as the Privatisation Commission has rejected...

Pakistan, Finland seek stronger trade ties, explore new sectors

ISLAMABAD: Pakistan and Finland are moving toward a new chapter in economic relations following a productive meeting between Pakistan’s Federal...

FBR rules out mini-budget and GST on petroleum products in IMF talks

ISLAMABAD: Federal Board of Revenue (FBR) has assured that no mini-budget will be introduced while affirming the government’s commitment to...

SBP approves TPL Corp, Abhi’s acquisition of FINCA Microfinance Bank

KARACHI: The State Bank of Pakistan (SBP) has given its final approval to TPL Corp Limited (TPL), a Pakistani financial...

FTO directs FBR to address discriminatory sales tax registration system

MULTAN: The Federal Tax Ombudsman (FTO), Dr. Asif Mahmood Jah, has directed the Federal Board of Revenue (FBR) to revisit...

Customs dept under fire for issuing time-barred notices

LAHORE: The customs department is facing intense criticism for issuing time-barred notices, creating unnecessary hurdles for importers and fuelling concerns...

Foreign investors express interest in investing in Pakistan

LAHORE: A delegation of foreign investors and CEOs from the UK and China has expressed interest in investing in Pakistan’s...

PM vows to strengthen Pakistan-Denmark economic ties

BAKU: Prime Minister Muhammad Shehbaz Sharif has stressed the need to expand economic ties with Denmark through collaborative partnerships. He...

Japan approves grant for flood management project in Pakistan

ISLAMABAD: The Government of Japan has approved a grant amounting to 18.5 million dollars for flood management project in Pakistan....

Petrol, diesel prices in Pakistan may go up from Nov 16

ISLAMABAD: Petrol and diesel prices in Pakistan are expected to rise significantly from November 16 following the International Monetary Fund...

FBR launches new integrated system for streamlined tax payments

ISLAMABAD: Federal Board of Revenue (FBR) has introduced an innovative, integrated system enabling streamlined payment of all major taxes, including...

Govt moves forward with PIA privatization, targeting sale to Qatar or Abu Dhabi

ISLAMABAD: The government has begun work on a new plan for the privatization of PIA (Pakistan International Airlines). PIA is...

Quetta Customs detains 470 containers at Taftan

TAFTAN: Collectorate of Customs has detained 270 containers at Taftan border and around 200 consignments at NLC Quetta due to...

French envoy praises Pakistan’s economic reform agenda

ISLAMABAD: French Ambassador Nocholas Galey called on Finance Minister Muhammad Aurangzeb in Islamabad. During the meeting, issues of mutual interest,...

Pakistani-led Canadian group Al-Nihang offers $358m to acquire PIA

KARACHI: A business group in Canada led by a Pakistani expat has offered the government around Rs100 billion ($358 million)...

Car sales surge in Pakistan with significant annual increase

ISLAMABAD: Car sales in Pakistan have experienced a remarkable 112 percent year-on-year increase, this surge highlights a significant recovery in...

Multan ASO seizes smuggled goods worth Rs567.046m during October 2024

MULTAN: Collectorate of Customs Anti-Smuggling Organization (AS) seized Rs567.046 million worth of smuggled goods during the month of October 2024-25...

SHC dismisses SCRA filed by Pakistan Customs in valuation ruling case